4 ms·

I've noticed this as well. Folks from less elite schools are less likely to know how much their skills are worth as well. Lots of people I've talked to at my s

• kelukelugames 9y ago
  People need confidence, entitlement, or experience to ask for their worth. Employers know this. Companies brag about taking advantage of information asymmetry to pay us less and we applaud them for it?
  • lotsofpulp 9y ago
    No, people need multiple offers to compete for their worth. If you let one company tell you how much you're worth, then that is on you. Learning to sell yourself is also a skill, so unless employers are colluding (which I know does happen, and am not excusing), then there isn't anything insidious about paying less for people without brand name reputations. It's the same as buying anything brand name, you're paying for the (presumed) higher probability of higher quality or reduced chance of failure. Transparency of salaries would be a boon to the general public, but we have such a huge social stigma against discussing pay, that employers can take advantage of this, however that's not the employer's fault.
• heedlessly2 9y ago
  Students from elite schools have better leverage. All the big tech companies come to their university such as Facebook, Microsoft, Apple, Google, Amazon, etc.. etc. for career fairs and on-campus recruiting. So those students are more likely to have multiple offers across those big names. Whereas the no-name university need to hope their resumes stick out from 1000s on the job portal. So they have an even harder time just getting one of those "top" offers